To: Publius
I've been bemused at the 'gold bugs' on this forum over the years and the doom-saying that generally goes with it.
But it begs the question of people like Embry... how can you play this game when it's clear that major, major stakeholders aren't being forthright in their disclosures?
It seems this article is more about the shady big operators and the probability that little guys will get caught in their pinchers.
It reminds me of DeBeers, or something
Finally, I understood that even as recently as a few years ago Russia was thought to have a virtually inexhaustible amount of silver yet unrealized (in fact, I learned this after losing a small amount in the commodities market on silver trading)
It's interesting to watch from the sidelines, but the average investor is, IMHO swimming with sharks on this
7 posted on
02/19/2003 4:02:22 PM PST by
IncPen
To: IncPen
"It seems this article is more about the shady big operators and the probability that little guys will get caught in their pinchers." I've always heard that portfolios should contain gold bullion and or rare coins to the tune of 5%. Now is that time to fulfull this 5%.
(IncPen, our U.S. govt mints and sells to banks and coin dealers ...gold bullion American Eagles. (and silver Eagles)
17 posted on
02/19/2003 4:38:37 PM PST by
WatchNKorea
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